Tron Founder Justin Sun Calls on China to Warm up to Bitcoin
Justin Sun, the founder of Tron, has called for China to open up to Bitcoin. According to Sun, China’s embrace of crypto would benefit the entire cryptocurrency space, providing a counterpart to the U.S. China’s ban on bitcoin and…
Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and…
‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week
The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%.
BNB Price Targeting $600: Can It Reclaim This Milestone?
BNB price is holding the $565 support zone. The price is now consolidating and might aim for more gains above $590 in the near term. BNB price started a decent upward move from the $565 support zone. The price is now trading above $580 and the…
SEC likely still believes SOL is a security, say crypto execs
Many crypto observers may be “overreading” the security regulator’s latest filing for its Binance lawsuit, meaning Solana and other tokens may not be off the hook yet.
Spot Ethereum ETFs flip positive after $34M inflow on July 30
Daily flow into Ether ETFs has turned up positive for the first time since launch day, reversing a trend of outflows that saw $547 million leave the funds over the past four days.
Bitcoin Miner Argo Blockchain Secures $8.3 Million From an Institutional Investor
Bitcoin miner Argo Blockchain has announced a private placement of its ordinary shares and accompanying warrants to an institutional investor. The transaction is expected to generate gross proceeds of approximately £6.5 million ($8.3 million). Argo…
The XRP price has climbed by over 4% within the last 24 hours, extending its bullish trend observed over the past month. This increase propelled the token to a four-month peak of $0.6377 early on Tuesday, outperforming the top 10 cryptocurrencies…
The tech entrepreneur who built a COVID-19 tracker as a teen in 2020 has now launched a new AI-powered necklace to combat loneliness. Some say it feels more like an episode of Black Mirror.
XRP Price Beats BTC: Surging Higher and Aiming for More
XRP price is gaining pace above the $0.6320 resistance zone. The price is up over 6%, outperforming Bitcoin, and might rise further toward $0.6750. XRP price is gaining pace above the $0.6320 zone. The price is now trading above $0.640 and the…
Gold Demand Hits Q2 Record High, Driven by Central Bank Purchases, World Gold Council Reports
The World Gold Council’s Q2 2024 report highlights a year-on-year increase in gold demand, marking the highest second-quarter demand since 2000. This surge is fueled by central bank purchases and OTC investments, with central bank gold buying…
Ethereum Price Battles Resistance: Can ETH Regain Momentum?
Ethereum price corrected gains and traded below the $3,300 level. ETH is consolidating and facing hurdles near the $3,300 resistance zone. Ethereum started a downside correction from the $3,400 resistance. The price is trading below $3,330 and the…
Is A Major Bitcoin Dip Coming? What the Coinbase Index Tells Us
An analyst from the CryptoQuant QuickTake platform has now drawn attention to a particular trend tied to the Coinbase Premium Index (CPI) which currently suggests a grim move brewing for Bitcoin. This indicator, when placed with its Simple Moving…
Bitcoin Price Eyes Fresh Gains: Can BTC Climb Again?
Bitcoin price extended losses and tested the $65,500 support zone. BTC is now consolidating and might aim for a fresh increase if it clears $66,500. Bitcoin tested the $65,500 level and is attempting a recovery wave. The price is trading below…
University of Wyoming Launches Bitcoin Research Institute to Produce High-Quality Publications
The University of Wyoming has launched a Bitcoin research institute to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines. The institute’s director highlighted the need for informed research…
It comes four weeks after a federal judge found DraftKings NFTs fell “within the meaning” of the Securities Act and Exchange Act and thus could be securities.
Institutional Investors Show Interest In Cardano, Triggering 300% Surge
Cardano (ADA) has witnessed a massive 300% surge in Exchange Traded Product (ETP) inflows. The unexpected influx of capital from institutional investors could set the stage for a potential uptrend ahead of the Chang hard fork. Cardano Inflows…
Russia to Initiate Crypto Payments Internationally by Year-End, Central Bank Governor Says
Russia plans to launch international cryptocurrency payments by the end of the year to counter Western sanctions, according to the governor of the Bank of Russia. The central bank is prepared to be flexible and is already discussing the conditions…
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of…
Ethereum vs. Bitcoin: Why ETH Could See Larger Fluctuations Soon, QCP Reveals
Regardless of both their maturity in the market, Bitcoin and Ethereum rivalry persists. According to recent insights from QCP Capital, a global digital asset trading firm and market maker, Ethereum appears to have now shown potential for larger…
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